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Indonesian Lending Startup JULO Raises $10M Series A2

Indonesian Lending Startup JULO Raises $10M Series A2

JAKARTA, Sept. 22 (Korea Bizwire) — JULO, a leading peer-to-peer lender offering personal loans across Indonesia, today announced a $10 million extension round to its Series A financing. The round was led by Quona Capital, a leading fintech venture firm whose funds are sponsored by Accion, with participation from existing investors Skystar, East Ventures, Provident, [...]

LeddarTech Accelerates Momentum with $US 23.7 Million in Bridge Financing

LeddarTech Accelerates Momentum with $US 23.7 Million in Bridge Financing

QUEBEC CITY, Dec. 4 (Korea Bizwire) — LeddarTech, an industry leader providing the most versatile and scalable automotive LiDAR development platform, announces the successful closing of a $US 23.7 million ($CDN 31.4 million) bridge. These funds will enable the company to continue the expansion of its research and development teams to accelerate the introduction of [...]

Tascent Raises $19.5 Million Series B Led by NEC Corporation and Tano Capital

Tascent Raises $19.5 Million Series B Led by NEC Corporation and Tano Capital

LOS GATOS, Calif., Aug. 27 (Korea Bizwire) — Tascent, Inc., the industry leader in intuitive biometrics, has raised $19.5 million in a Series B financing led by NEC Corporation and Tano Capital, with participation by Min Aik Technology Co., Ltd. The funding will be used to expand Tascent’s biometrics product and solution suite and extend [...]

Crocus Technology Raises $35M in Financing

Crocus Technology Raises $35M in Financing

SANTA CLARA, Calif., Apr. 25 (Korea Bizwire) — Crocus Technology, a leading supplier of disruptive Tunnel Magneto-Resistance (TMR) sensors, today announces it has secured $35M in funding through a combination of debt and equity from internal investors and external sources.  The funding will enable Crocus Technology to accelerate its revenue growth by expanding its operations [...]

JDS Development Group Secures $137 Million Construction Financing from Madison Realty Capital for Distinctive Miami Beach Condominium Monad Terrace

JDS Development Group Secures $137 Million Construction Financing from Madison Realty Capital for Distinctive Miami Beach Condominium Monad Terrace

MIAMI , Apr. 24 (Korea Bizwire) — New York-based Madison Realty Capital has provided a $137 million construction loan to New York-based JDS Development Group for Monad Terrace. The deal indicates conviction in the development team, the high-design product by Pritzker Prize-winning architect Jean Nouvel and the South Beach market’s extremely limited new development inventory [...]

Trifacta Raises $48 Million in Financing to Democratize Data Wrangling

Trifacta Raises $48 Million in Financing to Democratize Data Wrangling

SAN FRANCISCO, Jan. 31 (Korea Bizwire) — Trifacta, the global leader in data wrangling, announced $48 million in financing from new strategic investors, including Columbia Pacific, Deutsche Börse, Ericsson, Google, and New York Life along with participation from existing investors Accel, Cathay Innovation, Greylock Partners, Ignition Partners, and Ridge Ventures. This brings Trifacta’s total financing [...]

Maricann Secures $42,500,000 Non-Dilutive Financing for Further German Expansion

Maricann Secures $42,500,000 Non-Dilutive Financing for Further German Expansion

TORONTO, May 4 (Korea Bizwire) — Maricann Group Inc. (CSE:MARI) (Maricann or the “Company”) is pleased to announce that Maricann has secured $42,500,000 in non-dilutive financing to further expand production in Germany.  The $42,500,000 non-dilutive financing comes from The Green Streaming Finance Company of Canada Inc. a Vancouver-based company that provides non-equity financing solutions for [...]

Creditors Unlikely to Extend New Financing to Hanjin Shipping

Creditors Unlikely to Extend New Financing to Hanjin Shipping

SEOUL, Sept. 8 (Korea Bizwire) – Creditors of cash-strapped Hanjin Shipping Co. are unlikely to provide fresh financial aid to the ailing shipper currently under court receivership, industry sources said Thursday, further worsening the outlook for its already crippled cargo shipment.  According to the sources, the state-run Korea Development Bank, the main creditor for Hanjin, [...]